Unit 401, Reef Residence: what it sold for and what it is worth now

Unit 401 at Reef Residence is a 1 bed of 960 sq ft. It last sold for AED 830,000 on 24 Feb 2025. At AED 1,048 per sq ft, from 6 sales of units ending 01 (same position in the tower), it is worth about AED 1,006,000 today.

Value todayAED 1,006,000AED 942,000 to AED 1,036,000
Last saleAED 830,00024 Feb 2025 · Resale
Change since last sale+21.2%Building trend alone: AED 835,623
Rent (median asking, 1 bed)AED 65,000Gross yield 6.5%
Bedrooms1 bed
Size960 sq ft
Floor4 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingReef Residence by Reef Real Estate Investment Co., handed over 2017
Registered sales of this unit3

Every registered sale of unit 401

DatePriceSizeAED/sq ftType
24 Feb 2025AED 830,000960 sq ft865Resale
12 Dec 2023AED 615,000960 sq ft641Resale
23 Mar 2021AED 500,000960 sq ft521Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
19019 Jul 2026AED 540,000520 sq ft1,038Resale
140116 Oct 2025AED 500,000520 sq ft962Resale
200113 Aug 2025AED 620,000520 sq ft1,192Resale
33016 Jan 2025AED 565,000520 sq ft1,087Resale
120130 Sep 2024AED 550,000520 sq ft1,058Resale
60128 Aug 2024AED 555,000520 sq ft1,067Resale
200124 Jul 2024AED 530,000520 sq ft1,019Resale
210113 Jun 2024AED 530,000520 sq ft1,019Resale

Latest 1 bed sales in Reef Residence

UnitDatePriceSizeAED/sq ftType
32038 Sep 2026AED 840,000886 sq ft948Resale
35098 Jul 2026AED 995,000826 sq ft1,205Resale
191115 May 2026AED 810,000798 sq ft1,015Resale
70512 Feb 2026AED 880,000925 sq ft951Resale
200329 Jan 2026AED 900,000886 sq ft1,016Resale
130318 Nov 2025AED 860,000886 sq ft971Resale
190924 Oct 2025AED 443,621826 sq ft537Resale
240321 Jul 2025AED 850,000886 sq ft959Resale

How we worked out the value

We took the 6 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,048). We multiplied it by the size of this unit (960 sq ft). The range uses the middle half of those sales (AED 981 to AED 1,079 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 835,623. Floor, view, condition and upgrades can move the price either way. Sales data to 8 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 401 at Reef Residence worth?

About AED 1,006,000 (range AED 942,000 to AED 1,036,000), based on AED 1,048 per sq ft from registered sales up to 8 Sep 2026.

When did unit 401 last sell?

24 Feb 2025, for AED 830,000 (resale). It has 3 registered sales.

What rent can unit 401 make?

A 1 bed in Reef Residence rents for about AED 65,000 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for Reef ResidenceAll sales in Reef Residence

Unit 402